EUR/AUD - Bearish BAMM

2019年9月2日

EUR/AUD is almost ready to go! Bearish BAMM setup has formed on the 4h chart, providing a trading opportunity with a 1:2.33 risk to reward.

BAMM trading setups rely on a valid bat pattern, you'll find the relevant measurements below.

XA Retracement: 0.382 - 0.50
AB Retracement: 0.382 - 0.886
BC Projection: 1.618 - 2.618
XA Retracement: 0.886

The time proportions of this setup are absolutely spot on so far, we'll revisit this in a few days.

Currently waiting for a break and close below 1.63100.

2019年9月3日

交易進行

Price closed below 1.63100, everything looks good for a sell.

2019年9月4日

註釋

Quick update for those who sold, we'll be looking to cover our position once price reaches the area of 1.61250.

2019年9月6日

註釋

Move your stop loss to break even, this should be near 1.62900.

2019年9月12日

交易結束：目標達成

Position hit TP, onto the next one!